Europe & Eurasia Energy News Articles for January 11, 2013

Weekly collection of energy news articles for the region. Click on the links for access to original publications.

Albania

Albania to cancel grid license amid power cuts - (Miami Herald) Albanian authorities say the license held by a Czech company to operate the country's electricity grid will be canceled by the end of the month after a dispute between the company and the government led to extensive mid-winter rolling blackouts…

Kjetil Tungland: TAP has been designed in a way to connect to TANAP – (bsanna) The article entitled "Time to Act on Diversifying EU Gas Supplies" has been published in the January 2013 issue of the "New Europe" newspaper. The author, Kjetil Tungland, who is the Managing Director of the Trans Adriatic Pipeline (TAP) examines the recent trends and development in the politics around the export of natural gas from the Caspian Basin to Europe...

Cost-effective electric lights may help Bosnia save EUR 50 mln annually –(DALJE) The use of incandescent light bulbs, which were phased out in European Union member states in 2012, accounts for the consumption of 1.12 billion kWh of electricity annually in households in Bosnia and Herzegovina, according to a report by local media on the widespread use of traditional bulbs…

National energy operator plans HRK 27 bln in investments by 2016 –(DALJE) Croatia's national power operator HEP by 2016 plans to construct and refurbish its existing plants with investments valued at HRK 27 billion, reduce its number of employees by about 3,000 through restructuring and cut operating costs by HRK 2.2 billion, CEO Zlatko Koracevic said on Friday at a presentation of the company's business plan 2012-2016…

FYR Macedonia's CPI up 4.7% in December y/y – (Balkans) According to the State Statistical Office data, the Consumer Price Index, measured by prices of goods and services for personal consumption, in December 2012, in comparison with November 2012, was 100.0, while in comparison with December 2011 it was 104.7…

Montenegro

Montenegro adopts 2013 Energy Balance – (Balkans) Government adopted Energy balance for year 2013, where gross consumption is planned to be 3,634 thousand gigawatt hours, which is 8, 08% less than this year estimation of accomplishments…

Romanian TSO sheds light on electricity export cost rise – (ICIS) Romania's zonal tariffs have increased by 12% on average year on year. The rise of this component translates into total export costs to neighbouring countries rising by more than 9%, according to clarification from Transelectrica and trading sources active in the region…

Romania, among top 10 most attractive countries for investment in wind energy – (ActMedia) Romania has made it for the first time among the top 10 most attractive countries in the world in terms of investment in wind energy in early 2012, and ranks the 13th in terms of the aggregate index for all forms of renewable energy, according to the Ernst & Young's quarterly report Renewable Energy Country Attractiveness Indices.The subsequent trend throughout the year, although slightly fluctuating, has...

Operation of IBS to begin in 2015– (New Europe) The Bulgarian Ministry of Energy said at a press conference on 3 January that the operation of the Interconnection Bulgaria - Serbia (IBS) was expected to begin in the middle of 2015…

Georgia may reduce gas tariffs – (Trend) A drop in the consumer tariff for gas is possible in Georgia, the country's Energy and Natural Resources Minister Kakha Kaladze told reporters…

Three months after the parliamentary elections – (Messenger) A difficult three months have passed since the parliamentary elections on October 1, 2012, which brought the Georgian Dream coalition to power. All of October was spent on the formation of parliament and government…

Russia

Russia’s Gazprom, Novatek ink liquefied gas production deal – (Panarmenian) Russian energy giant Gazprom and Russia’s largest independent gas producer Novatek have signed a deal to jointly produce liquefied natural gas (LNG) on the Yamal Peninsula in the Russian Arctic, the companies said on Thursday, January 10, according to RIA Novosti…

The New Power Map - World Politics After the Boom in Unconventional Energy (Foreignaffairs) The energy map of the world is being redrawn -- and the global geopolitical order is adrift in consequence. We are moving away from a world dominated by a few energy mega-suppliers, such as Russia, Saudi Arabia, and Venezuela, and toward one in which most countries have some domestic resources to meet their energy needs and can import the balance from suppliers in their own neighborhood…

Turkey ponders building gas terminal as energy demand rises –(BDLive) Turkey will discuss building a liquefied natural gas (LNG) terminal with Qatar on its Aegean coast to help meet rising domestic needs and as Turkey’s role as an energy supplier to Europe grows, Energy Minister Taner Yildiz said on Saturday…

Turkey’s Energy Challenges – (Weekend Edition) Ankara will soon be confronted with some difficult foreign policy decisions that could affect its long-term energy interests. The discovery of vast reserves of natural gas off the coasts of Cyprus and Israel could oblige Turkey to resolve longstanding disputes with its neighbours…

Turkey to talk to Qatar about LNG plant as demand booms – (Reuters) Turkey will discuss building a liquefied natural gas (LNG) terminal with Qatar on its Aegean coast to help meet rising domestic needs and as Turkey's role as an energy supplier to Europe grows, Energy Minister Taner Yildiz said on Saturday…

Ukraine

Ukraine receives €28 million for energy sector development – (Forum) The Government of Ukraine has received the second tranche of EU funding to support the energy sector development. 28 million 140 thousand euros were transferred to finance the program "Support to the implementation of the Energy Strategy of Ukraine", the Cabinet’s press service informs…

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